Stock Market Sets Records Without Rate Cuts, Economist Says

Stock Market Outlook: Why Rate Cuts Aren't Essential for Record Highs

In a recent CNBC interview, TS Lombard's chief US economist shed light on the resilience of the stock market amidst varying interest rate scenarios. Even against a backdrop of 3.5% to 4% inflation and 2.5% real growth, a 5.5% funds rate is deemed manageable for the economy to maintain its momentum, suggesting that rate cuts may not be the linchpin for stock market records that some investors believe them to be.